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ChinaNet Online Holdings, Inc. (CHNT.OB) Appoints New Chief Technology Officer

QualityStocks (November 4th, 2009) Writes:

ChinaNet Online Holdings, Inc., an online technology and software provider which has, since its inception in 2003, led the field in full-service media development for small and medium enterprises (SME’s), today announced the appointment of a new Chief Technology Officer (CTO).

Mr. Hongli Xu will be taking the job of CTO at ChinaNet. CEO of ChinaNet, Mr. Handong Cheng, proclaimed that “he will provide critical leadership as we continue to elevate ChinaNet’s position in the Chinese media and advertising markets”.

Cheng went on to extol the appointment, saying of the candidate that “Mr. Xu brings over two decades of experience in the internet and software development industry in various sectors”.

With two years as head of development and management of an entire suite of software products for ThinkingPower Technology Co., Ltd. – a company working in broadcast and television markets via e-government software applications – Mr. Xu has the experience

...

NewsCorp Results – A Post-Script – Analyst Blog

Zacks Market Commentaries (February 10th, 2009) Writes:
NewsCorp (NWS) Postscript - Cyclical Downturn or Secular Change for Advertising? Notwithstanding the approximately $2B write down in value of its $5.7B takeover of Dow Jones in late 2007, the release of 2Q09 NWS financial results last week also raised concerns over the future of advertising.In the conference call accompanying the earnings release, Chairman and CEO Rupert Murdoch indicated the possibility that when the economy finally recovers, advertising dollars may never return to major media outlets at previous levels given the impact of the Internet, which continues to fragment end markets and challenge traditional mass marketing techniques. According to Murdoch, there is “an almost infinite increase in inventory for websites and for display. So, there is constant downward pressure on the rates you could get.” NWS reported a lower-than-expected 2Q09 loss of $6.4B, which included an $8.4B pre-tax non-cash impairment charge related ...

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